Outside Publication

Astana International Financial Center: Can it Become a Regional Finance Hub?, FTSE Global Markets

July 19, 2016

In May 2015, the Kazakhstan President announced a new ambitious program titled 100 Concrete Steps for Realization of Five Institutional Reforms of the Head of the State (100 Steps).

The 100 Steps initiative is not only a response to the global challenges, but also a strategic plan to bring Kazakhstan into the world’s 30 most developed nations. One element of this plan is the establishment of the Astana International Financial Center (AIFC). Managing partner Aset Shyngyssov and partner Bakhytzhan Kadyrov ask whether the project has legs.